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Crazy Bowls & Wraps 2724 Watson Rd

1,600 SF Retail Building Saint Louis, MO 63139 $2,317,241 ($1,448/SF) 7.25% Cap Rate

Investment Highlights

  • Annual Rental Increases
  • Growing Operator with a Strong Guarantor
  • Long-Term 20-Year Lease

Executive Summary

NNN Pro is pleased to present the exclusive listing for a Crazy
Bowls and Wraps located at 2724 Watson Rd, St Louis, MO
63139. The site consists of roughly 1,600 rentable square feet of
building space on an estimated 0.64-acre parcel of land. This
Crazy Bowls and Wraps is subject to a 20-year Triple Net (NNN)
lease, which commenced 4/1/2024. The current annual rent is
$168,000 and has scheduled increases of 1.00% annually.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,600 SF
Building Class
B
Year Built
2023
Price
$2,317,241
Price Per SF
$1,448
Cap Rate
7.25%
NOI
$168,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.64 AC
Parking
7 Spaces (4.38 Spaces per 1,000 SF Leased)
Frontage
118 FT on Watson Road

Amenities

  • Drive Thru
Walk Score ®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

The YMCA
U.S. Bank
Schnucks
Ponderosa Steakhouse
Rent One Home Furnishings

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5891-00-0010-0
Land Assessment
$49,800
Improvements Assessment
$0
Total Assessment
$49,800
  • Listing ID: 33485457

  • Date on Market: 10/11/2024

  • Last Updated:

  • Address: 2724 Watson Rd, Saint Louis, MO 63139

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